In a latest development, the main opposition Democratic Party of Korea (DPK) agreed on Sunday to delay the controversial crypto tax for two years following investor backlash. The latest move pushes the tax’s implementation to 2027, marking a significant shift in the country’s stance on digital asset taxation, allowing the market additional time to adapt....Read More
In a recent development, President-elect Donald Trump has warned BRICS countries against any move to replace the US dollar and has sought a commitment from the nine-member group that includes India, Russia, China, and Brazil. The President-elect has asked these countries to promise not to create a new BRICS currency or support any other currency...Read More
HNT, the native token of Helium, a blockchain-based network and leading DePIN token is poised for a notable upside rally as it has formed a bullish price action pattern. Helium (HNT) Technical Analysis and Upcoming Level According to expert technical analysis, HNT has broken out of a consolidation zone that it formed after breaking out...Read More
RNDR, the native token of Render, is making waves during the ongoing market correction, as it appears poised for notable upside momentum. This speculation is caused by RNDR’s bullish price action pattern, significant participation from traders and investors, and overall positive market sentiment. Render (RDNR) Technical Analysis and Upcoming level According to CoinPedia’s technical analysis,...Read More
After a notable upside rally, XRP, the native token of Ripple, appears to be consolidating near a crucial level. Meanwhile, this ongoing consolidation has been attracting significant attention from whales and traders, as reported by on-chain analytics firms CryptoQuant and the whale transaction tracker Whale Alert. XRP Whale Activity Signals Buying Interest As of today,...Read More
The United States Court of Appeals for the Fifth Circuit issued a ruling that the sanctions against crypto mixer Tornado Cash by the US Treasury Department were unlawful. According to the ruling dated November 26, the Department of the Treasury; Office of Foreign Assets Control (OFAC) overstepped its congressional defined authority in the sanctions against...Read More
Despite a bearish outlook across the cryptocurrency landscape, Ethereum (ETH), the world’s second-largest cryptocurrency, is poised for a notable upside rally. A bullish price action pattern and record interest from traders support this positive outlook. Ethereum Open Interest Hits Historic High On November 26, 2024, on-chain analytics firm Coinglass revealed that Ethereum’s (ETH) Open Interest...Read More
In this bull run, the majority of top cryptocurrencies have already experienced notable upside momentum. Amid this, Uniswap (UNI) stands out as one of the top cryptocurrencies that recently broke out of a bullish price action pattern, with much room to soar significantly in the coming days. Traders and Whales Driving UNI’s Growth At present,...Read More
Besides an impressive gain of over 43% in the past week, Cardano (ADA) is poised to continue this upward rally in the coming days, as it has formed a strong bullish price action pattern on its daily time frame. With this bullish price action, heightened participation from traders and investors has been observed. Whale Activity:...Read More
Pepe (PEPE), the world’s third-biggest meme coin, is poised for a massive bull run as it has broken out of a bullish price action pattern. Following this breakout, heightened participation from traders and investors has been observed in the past few hours. Traders and Whales Fuel PEPE’s Breakout Momentum According to the recent report by...Read More
After listing a major meme coin, Coinbase, the United States’ largest cryptocurrency exchange, is set to add support for Floki (FLOKI) on the Ethereum network. This follows the recent listings of Ethereum’s Pepe (PEPE) and Solana’s Dogwifhat (WIF). The major question is whether FLOKI’s listing on Coinbase will propel its price in the coming days....Read More
After the U.S. Presidential election results, Dogecoin (DOGE) experienced a wild rally and gained massive attention from traders and investors. However, in the past few days, the meme coin appears weak. This weakness in the DOGE rally has led to questions about whether the DOGE bull run is over and whether the DOGE price will...Read More
Amid the ongoing bull run, Ripple’s native token, XRP, is making waves in the cryptocurrency industry with its impressive performance. As of today, November 16, 2024, the XRP token has experienced a significant price surge of over 25%, breaching the $1 level for the first time since 2021. Why XRP Price is Increasing? With this...Read More
Cardano (ADA) is making headlines as it leads the market with a remarkable price surge, defying broader crypto trends. On November 16, 2024, while other assets struggled to gain momentum, the ADA price registered a significant price surge of 28%. Cardano (ADA) Price Momentum and its 28% Gain Meanwhile, the asset has experienced a 7%...Read More
Dogwifhat (WIF), a popular Solana-based meme coin, is making waves in the cryptocurrency realm with its impressive performance amid bullish market sentiment. However, WIF’s rally today surprised everyone, as the price rallied by over 67% in the past 24 hours. Coinbase’s WIF Listing Announcement This notable rally in the meme coin was witnessed after Coinbase...Read More
Dogecoin (DOGE), the leading meme coin, is making waves in the cryptocurrency realm as it has been soaring significantly following Donald Trump’s victory in the U.S. presidential election. Today, November 13, 2024, Trump announced that Elon Musk and Vivek Ramaswamy will lead a newly created Department of Government Efficiency, which is abbreviated as DOGE. DOGE...Read More
Coinshares in its latest Digital Assets Fundflows Weekly Report revealed that the Digital asset investment products saw post-US election inflows of $1.98 billion, marking inflows for the 5th consecutive week. Notably, the year-to-date inflows have reached a new record of $31.3 billion. Along with the surge in prices, the Global assets under management also reached...Read More
Following an impressive 46% rally in recent days, Dogecoin (DOGE) has been making waves in the crypto landscape. It now appears that the meme coin is poised for another massive rally in the coming days, as it has formed a strong bullish price action pattern on its daily time frame. Dogecoin (DOGE) Technical Analysis and...Read More
Shiba Inu (SHIB), the popular and second-largest meme coin, is now poised for a significant upside rally after consolidating for more than six weeks. It has been observed that while top crypto assets experience notable upside rallies, SHIB remains in a consolidation phase and appears to be struggling. Why is the SHIB Price Increasing? Recently,...Read More
Dogwifhat (WIF), the leading meme coin on Solana, now shows potential for an upward rally as it has formed a bullish price action pattern on the four-hour time frame. It has been nearly three days since significant upward momentum has been observed across most cryptocurrencies. Meanwhile, WIF has remained stable with no major price fluctuations....Read More
Ethereum (ETH), the world’s second-largest cryptocurrency by market cap, is now poised for a notable upside rally after breaking out from a strong resistance level. This crucial breakout occurred just after the U.S. presidential election results, where Donald Trump defeated Kamala Harris Why ETH Price is Rising? After Trump became president of the United States,...Read More
In the past 24 hours, Binance has set a new record as the market sentiment shifts and Bitcoin (BTC) the world’s largest digital asset, hit its all-time high. Binance’s $8.3 billion Open Positions Amid this bullish market sentiment, the on-chain analytics firm CryptoQuant shared a post on X (Previously Twitter) that the net open interest...Read More
The volatility across the cryptocurrency landscape has skyrocketed ahead of the U.S. election. Amid this, Litecoin (LTC) has reached a make-or-break level that could potentially lead to the liquidation of millions of dollars in traders’ positions. Litecoin (LTC) Technical Analysis and Upcoming Level According to expert technical analysis, Litcoin (LTC) is trading within a bullish...Read More
Dogwifhat (WIF), the popular Solana-based meme coin has turned bearish as Bitcoin (BTC), the world’s largest cryptocurrency breached its crucial support level. Following this incident, the sentiment across the cryptocurrency landscape has significantly shifted towards a downtrend. Dogwifhat Technical Analysis and Upcoming Levels According to expert technical analysis, WIF has turned bearish as it breached...Read More
The crypto market eagerly awaits the upcoming FOMC interest-rate decision by the US Federal Reserve this week. One of the highly anticipated events this week is expected to shape the sentiments in the digital assets space, potentially setting the path for Bitcoin and other altcoins.. Rate Cut Soon? The digital asset market has reacted positively...Read More
Amid this price correction, Popcat (POPCAT), a popular Solana-based meme coin appears bullish and has formed a perfect buying opportunity with an excellent risk-reward ratio. The potential reason for this bullish outlook is the meme coin’s daily chart pattern and bullish price action. POPCAT Technical Analysis and Upcoming Levels According to the expert technical analysis,...Read More
Amid the growing Solana (SOL) dominance in the web3 space, Canary Capital, an investment management firm founded by Steven McClurg who is one of the founding team of Valkyrie Funds, has filed with the United States Securities and Exchange Commission (SEC) to offer its spot ETF. Filed on Wednesday, October 30, the Canary Solana ETF...Read More
In the ongoing potential bull run, Shiba Inu (SHIB), the popular and the second-largest meme coin is about to end its consolidation and is poised for a massive upside rally. This bullish speculation arises from the coin’s positive price action and the continuous attention from investors and traders. Shiba Inu Technical Analysis and Upcoming Levels...Read More
In the last 30 days, Bitcoin has recorded a surge of 8.5%. Meanwhile, during the same period, Ethereum has declined 1.0%. Since October 15, the Bitcoin Spot ETF market has seen only one day with a negative inflow. Yesterday, the market registered an impressive inflow of +$472.60M. Notably, the 2-year US Treasury Bond Yield was...Read More
Ethereum (ETH), the world’s second-largest cryptocurrency by market cap appears bullish and is poised for a notable upside rally due to its bullish price action and favorable on-chain metrics. In addition to this, whales and investors have moved a significant amount of ETH from the exchanges in the past week. Fall of Ethereum Exchange Reserves...Read More
